EurNzd- break of falling wedge for 500 pips profit.

Since the beginning of the year, EurNzd is trading in a falling wedge, with the price making marginal lows.
On shorter term time frames, the pair made a small double bottom which can give us the idea of a turn.
Now EurNzd is facing confluence resistance of horizontal 1.68 level and the resistance of the wedge and a break here would confirm the reversal and gives scope to 1.73 resistance.
Also, a buy trade for this pair would have a great R:R
Chart PatternsEURNZDeurnzdanalysiseurnzdbullisheurnzdbuyeurnzdforecasteurnzdideaeurnzdlongeurnzdsetupeurnzdsignalTechnical IndicatorsTrend Analysis

Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
更多:

相關出版品

免責聲明